[monkmartinez]

The mortgage itself is a waste of money if you don't pay if off early. I wish people understood this better. There is almost no situation where owning a home makes sense if you don't pay it off before the term and we aren't in some wacky pandemic or financial bubble.

[brahbrah]

Would you pay it off early if you have a 2.5% interest rate and could get a guaranteed 5+% on a CD?

[polka_haunts_us]

I'm in this situation with my car right now, I have the money to pay it off but why bother when I can make the monthly payment with savings account interest.

[monkmartinez]

Depends... It would depend on the price to service the mortgage. I would do a quick model to see the timeline to "break even" on paying in full verses the total amount of interest paid to service the loan for duration of the term.